3M trimmed its 2021 GAAP EPS guidance to $9.70-9.90 (from the prior range of $9.70-10.10) due to supply-chain disruptions. OTOH, YoY organic sales growth is expected to be 8-9%, at the high end of the prior range of 6-9%.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”